SMM zinc morning comment
- out 25, 2023, at 10:18 am
Overnight, LME zinc opened at $2433.5/mt and closed up $28.5/mt or 1.17% at $2458.5/mt. The trading volume was 6647 lots, and open interest added 112 lots to 203,000 lots. A series of solid corporate earnings and optimistic financial forecasts stimulated investors' risk appetite and pushed the market generally higher.
